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Adam,Bill,and Charlie are partners.The profit and loss sharing rule between them is 3:6:2,with Bill receiving the largest share and Adam receiving the smallest.The partnership incurs a net loss of $70,000.While closing the Income Summary ________.
Entertains
To hold the attention of an audience by amusing or engaging them, often used in the context of performance arts or media.
Validates
Confirms or supports something as true, valuable, or worthwhile.
Persuasive
Having the power to convince or influence others towards a certain viewpoint or action through logical reasoning, emotional appeal, or other techniques.
Goodwill
The positive reputation and intangible asset of a business, derived from customer perception, relationships, and loyalty.
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